AMERICAN PRESIDENT
VP Kamala Harris top choice to replace Biden in election race if he steps aside: Sources
Vice President Kamala Harris is seen as the top alternative if President Joe Biden decides not to seek reelection, according to senior sources within the Biden campaign, White House, and Democratic National Committee. Despite concerns over Biden's recent debate performance and calls for his aides to resign, Harris remains the leading candidate due to her name recognition, polling strength, and support within the party.
Who is Rishi Shah: The man who defrauded Goldman Sachs, Google of $1 billion
Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for orchestrating a $1 billion fraud scheme involving his healthcare advertising startup. The case has impacted major investors and drawn attention to corporate accountability.
"Dangerous precedent": US President Biden criticises Supreme Court's ruling on Trump's immunity
US President Joe Biden criticized the Supreme Court's ruling granting former President Donald Trump substantial immunity from prosecution over alleged attempts to overturn the 2020 election. Biden called the decision a "dangerous precedent" and a "terrible disservice" to Americans, arguing that it undermines the principle that no one, including the president, is above the law. He emphasized the ruling's implications, suggesting it removes legal constraints on presidential actions and undermines the rule of law. Biden urged Americans to consider Trump's actions on January 6 when deciding his fitness for office.
Majority of US media expect President Biden to withdraw from race to save American democracy & from Trump
Top US media outlets urge caution in Biden's re-election bid due to the threat posed by Trump. The future of American democracy hangs in the balance as concerns grow over Biden's performance and the potential consequences of Trump's return to office.
For American brands worried about China, Is India the future?
The surge of multinational brands in India's manufacturing sector signals a shift towards diversification and job creation. Companies like Shree Krishna are fulfilling substantial orders for global retailers, highlighting India's growing importance in the global supply chain.
American and British voters share deep roots. In 2024, they distrust their own leaders, too
Ahead of Independence Day in the United States and a crucial election in the United Kingdom, a pervasive sense of distrust has clouded the political landscapes. In the UK, voters anticipate a change after 14 years under the Conservatives, disillusioned by broken promises and scandal. Meanwhile, Americans prepare for a divisive election rematch amid deep polarization and widespread mistrust in government. Both nations, rooted in democratic ideals, face challenges reflecting a loss of faith in leadership and institutions, shaping a sobering backdrop to their respective celebrations and electoral decisions.
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US presidential debate: Private call of top Democrats fuels more insider anger about Biden's performance
Top Democratic Party leaders express mounting concern over the lack of seriousness shown by Joe Biden's campaign and the Democratic National Committee regarding the impact of the president's poor debate performance. During a call with influential committee members, concerns were raised about being asked to ignore the gravity of the situation. Some party members are publicly and privately suggesting Biden should step aside for a younger replacement at the Democratic National Convention.
Panama court acquits 28 people tied to Panama Papers, Operation Car Wash
A Panamanian court has acquitted 28 individuals who were charged with money-laundering offenses connected to the Panama Papers and "Operation Car Wash" scandals. The judicial branch announced the acquittals, noting that precautionary measures against all defendants have been lifted. One criminal case was canceled due to the death of a defendant, Ramon Fonseca, co-founder of the now-defunct Mossack Fonseca law firm. The court also imposed fines on witnesses for non-compliance with summonses and found that evidence from Mossack Fonseca's servers did not meet chain of custody standards.
Relationship between India, US 'multiplicative': US envoy Garcetti
"This (India-US) is a relationship that isn't just additive. It's not just the US plus India. It's multiplicative. It's the United States times India," Garcetti said at the meeting held in the suburbs of Washington on Monday.
Enemy within? China is buying land around American military bases
China's proximity to military bases within the US, including a nuclear missile base in Wyoming, raises national security concerns. The US government blocked a Chinese-backed cryptocurrency mining firm from owning land near Francis E. Warren Air Force Base in Wyoming, citing it as a 'national security risk'. The order required the divestment of property operated as a crypto mining facility near the base.
US proposes rules to stop Americans from investing in Chinese technology with military uses
The proposed rule stems from President Joe Biden's August 2023 executive order regarding the access that "countries of concern" have to American dollars that fund advanced technologies, which the US government says would enhance their military, intelligence, surveillance and cyber capabilities. The order identified China, Hong Kong and Macau as countries of concern.
Ukraine can hit Russian forces 'anywhere' using US-supplied arms
In a significant shift, the United States authorizes Ukraine to use American-supplied weapons to target Russian forces anywhere, not just near Kharkiv. This adjustment, not a policy change per officials, follows recent cross-border assaults. US National Security Adviser clarifies the agreement includes responding to Russian forces moving towards Ukrainian territory.
Enter this VIP tunnel on the US-Mexico border at your own risk
Investigation has revealed the presence of a VIP tunnel on the US-Mexico border. Criminal gangs extort as much as $6000 per person to facilitate the illegal entry into the US from Mexico.
In China's backyard, America has become a humbler superpower
Far from Ukraine and the Gaza Strip, as the Group of 7 wealthy democracies gathered in Italy to discuss a range of old, entrenched challenges, the nature of American power is being transformed across the region that Washington sees as crucial for the century to come: the Asia-Pacific.
US cotton body seeks removal of 11% import duty on short staple cotton
US agri trade body Cotton Council International (CCI) has called for the removal of the 11% import duty on shorter staple cotton below 32mm length, which came into effect in 2021. The duty affects India's domestic textile industry, which is projected to grow to $350 billion by 2025. CCI and Supima, a non-profit trade association, will discuss mutual interest and cooperation with Indian textile companies.
NSA Doval holds wide-ranging talks with his American counterpart Sullivan
National Security Advisor Ajit Doval and his American counterpart Jake Sullivan held talks in New Delhi on the implementation of the India-US Initiative on Critical and Emerging Technologies (iCET). They discussed global and regional issues of mutual interest, focusing on areas like semiconductors, AI, quantum computing, and defence innovation.
Small Indian-American community making grand contributions in the US: Report
The report "Indiaspora Impact Report: Small Community, Big Contributions," conducted by Boston Consulting Group, is the first volume in a series to look at the impact of the Indian diaspora, with a special focus on public service, business, culture and innovation in the United States.
Global traders flood American markets in search for safety
International investors are flooding American markets with $30 billion in stock funds, mainly targeting US tech shares. The S&P 500 and long-dated Treasuries are outperforming global markets amid economic and political uncertainties.
At 78, Donald Trump too is showing signs of aging
Donald Trump has made Joe Biden's advancing age one of his main campaign rallying points, trying to position himself as an energetic alternative to the sometimes unsteady 81-year-old Democratic incumbent. In contrast, no information has been made available in years about the health of Trump, who is known to be a fan of fast food.
Pakistani Prime Minister Sharif meets China's Xi in Beijing ahead of IMF talks
China's President Xi Jinping met Pakistani Prime Minister Shehbaz Sharif in Beijing, affirming China's support for Pakistan's sovereignty and economic development. The meeting occurred ahead of Pakistan's annual budget and anticipated IMF loan application. Pakistan's strategic location on the Arabian Sea is vital for China's trade routes. Pakistan owes China $27 billion, nearly 13% of its total debt, mainly for infrastructure projects. Xi emphasized the importance of the China-Pakistan Economic Corridor and called for enhanced security for Chinese projects, following a recent attack on Chinese engineers.
Spelling Bee finalists, mostly Indian-American children, visit White House
Bruhat, sporting a yellow championship T-shirt and a red tilak on his forehead, was joined by seven other finalists, including four others of Indian descent, and their parents. The four other Indian Americans were: Rishabh Saha, 14 and Shrey Parikh, 12, from California; Aditi Muthukumar, 13, from Colorado; and Ananya Rao Prasanna, 13, from North Carolina.
Gold prices set for second weekly gain on Fed rate outlook
The number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, indicating that labor market conditions remain fairly tight even as job growth is cooling.
Number of Indian Americans in elected offices not reflective of their population, says Kamala Harris
"Over the years, we've had so much more participation by Indian Americans in the electoral process running for office. But the numbers are still not reflective of the size of the growing population," Harris, the first-ever Indian American, African American, and a woman to be elected as the vice president of the US told a packed room of Indian Americans in the national capital. Currently, there are five elected Indian American members of the Congress -- Dr Ami Bera, Raja Krishnamoorthi, Ro Khanna, Pramila Jayapal, and Shri Thanedar.
Vice President Kamala Harris uses profanity, apologizes. Know in detail what happened
While addressing the people at the annual Asian Pacific American Institute for Congressional Studies Legislative Leadership Summit, Vice President Kamala Harris used profanity. Know in detail here.
Not beating about the bush-type, don
The former US president, Donald Trump, recently proposed that if top US oil executives gave him $1 billion for his re-election campaign, he would repeal Joe Biden's environmental regulations and prevent new ones. This proposal was made in a moderate openness of a private function, rather than insinuations or winks. Trump's hyper-frank deals and appeals are seen as a perverse virtue in politics, as moral bars are often lowered to near the ankles.
US releases first tranche of student visa appointments in India for September 2024 intake
The United States Embassy released the first tranche of student visa appointments in India for September 2024, aiming to expedite processing. Ambassador Garcetti leads efforts to reduce visa wait times, emphasizing the importance for Indian students.
Donald Trump calls Joe Biden weak on antisemitism, ignoring his own rhetoric
Trump's attempts to claim a moral high ground against antisemitism come as the Democratic president is navigating the intense divisions of the Israel-Hamas war and the resulting unrest from demonstrations. Trump and other Republicans have seized on the disruptions on college campuses, which have at times been violent, as a sign of weakness from Biden and Democrats. It's also the latest example of Trump's timeworn tactic of repackaging a censure he's received and stamping it on his opponents.
US courts may take note of India’s stance on TikTok: FCC chief Brendan Carr
India's TikTok actions may influence US courts as ByteDance battles the ban. Biden's divestment order, Chew's defense, Carr's skepticism, and First Amendment protection are key. China and India's relevance in potential litigation.
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